The traditional economic structure of Poland – a trap for the convergence in the times of the financial and economic crisis Cover Image

Tradycyjna struktura gospodarcza Polski – pułapką dla konwergencji w okresie kryzysu finansowo-gospodarczego
The traditional economic structure of Poland – a trap for the convergence in the times of the financial and economic crisis

Author(s): Eulalia Skawińska
Subject(s): Economy, National Economy, Supranational / Global Economy
Published by: Polskie Towarzystwo Ekonomiczne w Zielonej Górze
Keywords: convergence; complementarity; economy structure; Central and Eastern European countries (CEE); EU-27; divergence

Summary/Abstract: The aim of this paper is to investigate the implementation of the real convergence of the CEE countries in comparison to the developed EU countries (EU-27) (and in particular Poland) on the basis of secondary data. The main question concerned the impact of the global financial and economic crisis 2008-2012 on the process. The paper consists of two parts. The first explains the concept of the regional convergence as a controversial problem and the extent of the realization of the beta real unconditional convergence in CEE countries. The second part analyses the economic structure of CEE countries which constitutes the basis of the conditional real convergence. The following conclusions were drawn: 1. In the period 2004-2013 small real convergence has been stimulated by EU funds. Unfortunately, the progress has been slowed-down by economic crisis. 2. The lack of complementarity of economic structures disabled the real conditional convergence of CEE countries, in comparison to the developed EU-27 countries. In addition, this deficiency poses not only a threat to the acceleration of real unconditional convergence but even the possibility of the occurrence of divergence. 3. Finally, some proposals for Poland are presented.

  • Issue Year: 2/2015
  • Issue No: 2
  • Page Range: 18-35
  • Page Count: 18
  • Language: Polish